562 Apartments for rent in Fayetteville, NC

Looking for a new place to call home? Well, say hello to Fayetteville, North Carolina's unof...Looking for a new place to call home? Well, say hello to Fayetteville, North Carolina's unofficial underdog. Read Guide >

Is it “hard” to find a place to live in Fayetteville? No. There's quite a large range of available rentals. “Application Fees” are common and generally range from $20-50, with some going towards deposit costs upon approval. Also, it is legal within the state of North Carolina to charge up to one and a half month's rent as deposit, though one month's rent is standard. Credit checks may also be required. If you’ve hunted for apartments before, sorry for the reminder, but always come prepared lest you lose the place you’re gunning for.

If at all possible, visit your desired locale in person before making your decision. Here are a few neighborhoods to get you started:

Jack Britt
This a difficult area in which to find vacancies. But, as you probably expected, the demand for pads in this area is pretty high, and the prices are definitely a reflection of that. Expect to pay a hefty fee to settle down here, but trust us, you get what you pay for.

Haymount
Haymount is full of historic properties and its location makes for quick commutes. The easy commutes keep your work week uncongested and your weekend options open.

Downtown
Historic Downtown Fayetteville is by far the most (all right, only) walkable area of town, which makes it a good choice for those who enjoy nightlife and culture.

Suburbs
Depending on desired commute times, potential renters may want to look into the suburbs of Cape Fear, Gray's Creek and Eastover. Despite the neighborhood name reminiscent of a horror movie, these more rural areas are more picturesque than the city of Fayetteville. You'll also get way more space for your buck. There are few things better than limber dollar.

The residents of this city make friendly and down-to-earth neighbors. Good luck in your search for a new place to rest your bones, we reckon you’ll be just fine.

August 2017 Fayetteville Rent Report

Welcome to the August 2017 Fayetteville Rent Report. Fayetteville rents increased over the past month. In this report, we'll evaluate trends in the Fayetteville rental market, including comparisons to cities throughout the state and nation.

Fayetteville rents increased significantly over the past month

Fayetteville rents have increased 0.4% over the past month, and are up significantly by 5.3% in comparison to the same time last year. Currently, median rents in Fayetteville stand at $610 for a one-bedroom apartment and $760 for a two-bedroom. The city's rents have been increasing for 15 straight months - the last time rents declined was in April of last year. Fayetteville's year-over-year rent growth leads the state average of 4.4%, as well as the national average of 2.9%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Fayetteville, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. North Carolina as a whole has logged a 4.4% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the state.

Looking throughout the rest of the state, Cary is the most expensive of all North Carolina's major cities outside the Fayetteville metro, with a median two-bedroom rent of $1,230; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Winston-Salem experiencing the fastest growth (+4.6%).

Winston-Salem, Cary, and Durham have all experienced year-over-year growth above the state average (4.6%, 4.6%, and 4.4%, respectively).

Fayetteville rents more affordable than many similar cities nationwide

As rents have increased in Fayetteville, a few comparable cities nationwide have seen rents grow more modestly, or in some cases, even decline. Fayetteville is still more affordable than most other large cities across the country.

Fayetteville's median two-bedroom rent of $760 is below the national average of $1,160. Nationwide, rents have grown by 2.9% over the past year.

While Fayetteville's rents rose over the past year, the city of Miami saw a decrease of 0.8%.

Renters will find more reasonable prices in Fayetteville than most comparable cities. Comparably, San Francisco has a median 2BR rent of $3,060, which is more than four times the price in Fayetteville.

For more information check out our
national report.
You can also access our full data for cities and counties across the U.S. at
this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.